Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Coveo SolutionsCVOSF +1.01%68 Price-to-Tangible-Book is 4.79 as of Sep. 22, 2026. GuruFocus rates CVOSF with a GF Score™ of 68/100 and a GF Value™ of $5.92 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,203 Software companies, Coveo Solutions ranks worse than 63.14% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Coveo Solutions Price-to-Tangible-Book Related Terms
Coveo Solutions Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Coveo Solutions's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CVOSF vs MSFT, PLTR, ORCL: Price-to-Tangible-Book Comparison
For the Software - Infrastructure subindustry, Coveo Solutions's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coveo Solutions Price-to-Tangible-Book vs Software Industry
For the Software industry and Technology sector, Coveo Solutions's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Coveo Solutions's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Coveo Solutions (CVOSF) has a Price-to-Tangible-Book of 4.79 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Coveo Solutions and its competitors. According to the industry distribution chart, Coveo Solutions ranks #1391 out of 2203 companies in the Software industry, placing it in the top 63.1%.
Is Coveo Solutions' Price-to-Tangible-Book too high?
Coveo Solutions' current Price-to-Tangible-Book is 4.79. The Software industry median Price-to-Tangible-Book is 3.37. Coveo Solutions' value of 4.79 is 42.1% above this industry median. Based on the distribution chart, Coveo Solutions ranks #1391 out of 2203 companies in the Software industry, which is below the industry midpoint. Overall, Coveo Solutions has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coveo Solutions' Price-to-Tangible-Book compare to MSFT and PLTR?
According to the Software industry distribution chart, Coveo Solutions ranks #1391 out of 2203 companies for Price-to-Tangible-Book. This places Coveo Solutions in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.37. Coveo Solutions' value of 4.79 is 42.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Software company?
The median Price-to-Tangible-Book among Software companies is 3.37, based on 2,203 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coveo Solutions's current Price-to-Tangible-Book of 4.79 is 42.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Coveo Solutions and its competitors. For the Software industry, the median Price-to-Tangible-Book is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coveo Solutions's current Price-to-Tangible-Book is 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coveo Solutions stock overvalued right now?
Based on GuruFocus' analysis, Coveo Solutions (CVOSF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.92, compared to a current price of $2.96 — trading 50% below its estimated fair value. The current Price-to-Tangible-Book is 4.79 and 42.1% above the Software industry median of 3.37. Coveo Solutions' overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Coveo Solutions (CVOSF), the current Price-to-Tangible-Book is 4.79 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coveo Solutions (CVOSF) Overvalued in 2026?
Based on GuruFocus' analysis, Coveo Solutions stock appears to be undervalued.
The current stock price of $2.96 is trading 50% below its estimated GF Value™ of $5.92.
GuruFocus considers Coveo Solutions to be Possible Value Trap.
Key valuation signals for CVOSF:
Price-to-Tangible-Book: 4.79
GF Value™: $5.92 vs. price of $2.96 (50% below fair value)
Industry Position: 42.1% above the Software median (#1391 of 2203)
No single metric tells the full story. See the CVOSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The Company's Software as a Service ("SaaS") AI platform and suite of AI models and products are designed to bring AI-Relevance across commerce, service, website, and workplace applications. Geographically, the company generates maximum revenue from the United States, followed by Canada, and other regions.
68GF Score
Get the complete analysis for CVOSF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CVOSF has been successfully added to your 
